Bahamas or Bermuda: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Bermuda, ahead by 0.7 FiScore point.

Tax Bahamas Bermuda Gap
Corporate income tax headline rate 0% 0% Same rate
Personal income tax top bracket 0% 0% Same rate
VAT standard rate 10% 0% +10.0 points

Detailed schedules

Corporate income tax

Bahamas

Standard companies 0%
Multinational groups revenue over €750 M, since 2025 15%

Bermuda

Standard companies 0%
Multinational groups revenue over €750 M, since 2025 15%

Personal income tax

Bahamas

No personal income tax 0%

Bermuda

No personal income tax 0%